Why are long-term bond yields so high? Even Jay Powell isn't sure
Federal Reserve chair Jay Powell said that we “don’t really know” why long-term bond yields have been going up.
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Federal Reserve chair Jay Powell said that we “don’t really know” why long-term bond yields have been going up.
Researchers have built a new, interpretable machine-learning framework that captures stock- and industry-specific information and predicts financial returns with greater accuracy than traditional models.
This week’s simulation shows that the most likely range for the 3-month U.S. Treasury bill yield in ten years is from 1% to 2%.
The negative 2-year/10-year Treasury spread has now persisted for 125 trading days, widening this week to a negative 91 basis points.
The negative 2-year/10-year Treasury spread has now persisted for 115 trading days, with the spread steady this week at a negative 76 basis points.